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Patagonia Appoints Jorge Sanguin as Operations Director

By GlobeNewswire,  August 14, 2019, 07:00:00 AM EDT

VANCOUVER, British Columbia, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (formerly Hunt Mining Corp.) ("Patagonia" or the "Company") (TSX-V:PGDC) is pleased to announce the appointment of Jorge Sanguin as Operations Director effective August 9, 2019.

Mr. Sanguin is an Argentine national with over 26 years' experience in the mining sector.  He holds a mining engineering degree from the University of San Juan.  Mr. Sanguin has held key positions in a number of mining operations in Argentina, including Mining Manager at Manantial Espejo (Pan American Silver), President and General Manager of Cerro Vanguardia (AngloGold Ashanti) and until February, he was the General Manager of Cerro Moro (Yamana).

Mr. Sanguin's extensive experience will be of considerable benefit in advancing the proposed development of the Company's underground project at Cap-Oeste.  In addition, Mr. Sanguin will oversee the preparation of the Calcatreu Feasibility Study, which is expected to commence shortly.

It is intended that Mr. Sanguin will succeed Leon Hardy as Chief Operating Officer on or before February 1 2020, following which Mr. Hardy will join the Board as a non-executive Director.

About Patagonia Gold

Patagonia Gold Corp. is a mining and development company listed on the TSX Venture Exchange. The Company seeks to grow shareholder value through exploration and development of gold and silver projects in the Patagonia region of Argentina.  The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste underground project.  Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 350 properties in several provinces of Argentina, Chile and Uruguay and is one of the largest landholders in the province of Santa Cruz, Argentina.

For more information, please contact:

Christopher van Tienhoven, Chief Executive Officer

Patagonia Gold Corp

T: +54 11 5278 6950

E: cvantienhoven@patagoniagold.com


This news release contains certain forward-looking statements, including, but not limited to, statements about the development of the Company's underground project at Cap-Oeste and the preparation of the Calcatreu Feasibility Study. . Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward- looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.


Source: Patagonia Gold Corp.

This article appears in: News Headlines

Referenced Stocks: PGDC

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